Company Overview - Wabash (NYSE: WNC) integrates physical and digital technologies to provide innovative, end-to-end solutions that enhance supply chains in transportation, logistics, and infrastructure markets [3] - The company is headquartered in Lafayette, Indiana, and offers a wide range of products for first-to-final mile operations, including dry and refrigerated trailers, truck bodies, platform trailers, tank trailers, and structural composites [3] - Wabash also provides access to a nationwide parts and service network, Trailers as a Service (TaaS), and advanced operational tools through Wabash Marketplace and Wabash Parts [3] Upcoming Earnings Call - Wabash will host a quarterly earnings conference call to discuss its financial results for the fourth quarter of 2024 on January 29, 2025, at 12:00 p.m. ET [1] - The call will be accessible via a dedicated phone line and will also be available for replay shortly after the presentation [2] - Related materials, including the earnings press release and slides, will be posted on the company's website by 7:00 a.m. ET on the day of the earnings call [2]

Core Insights - Wabash has been recognized as one of America's Most Responsible Companies by Newsweek for the third consecutive year, being the only trailer or truck body manufacturer on the 2025 list [1][2]. ESG Commitment - The recognition is based on Wabash's performance in the three pillars of ESG: environmental, social, and corporate governance [2]. - Wabash emphasizes creating safe and inclusive workplaces, driving innovation for sustainable transportation, and contributing to community welfare [3]. Safety and Awards - The company has received multiple safety and environmental awards, including two Plant Safety Awards from the Truck Trailer Manufacturers Association in 2024 for its facilities in Mexico and Kentucky [3]. - A notable achievement includes an 81% reduction in the total recordable incident rate at the Cadiz facility from 2022 to 2024 [3]. Technological Advancements - Wabash is utilizing targeted automation at its renovated Lafayette, Indiana facility to enhance safety and improve the worker experience [4]. Environmental Initiatives - Wabash is the only trailer and truck body manufacturer involved in a U.S. Department of Energy project aimed at decarbonizing commercial transportation, utilizing its proprietary EcoNex™ Technology [5]. - This technology is designed to improve thermal efficiency and reduce energy consumption in refrigerated trailers and truck bodies [5]. Company Overview - Wabash combines physical and digital technologies to provide innovative, end-to-end supply chain solutions across transportation, logistics, and infrastructure markets [7]. - The company designs, manufactures, and services a wide range of products, including dry and refrigerated trailers, platform trailers, and structural composites [7].

LAFAYETTE, Ind. , Jan. 09, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE:WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, has been named to Newsweek's list of America's Most Responsible Companies for the third year. Wabash is the only trailer or truck body manufacturer on the 2025 list. Newsweek and market research company Statista compile this annual list to recognize companies committed to making a positive global impact. Companies are ranked on the ...

LAFAYETTE, Ind., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced the 2026 model year DuraPlate® Dry Van featuring enhancements that elevate performance and value. One of the key new features of the 2026 Wabash DuraPlate Dry Van is the Webb Vortex Drum with Wear Indicator (WI), designed to improve brake performance and extend brake life by up to 25 percent. Industry data shows brak ...

LAFAYETTE, Ind., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced the renewal of its strategic agreement with The Goodyear Tire & Rubber Company (NASDAQ: GT), one of the world’s largest tire companies. This agreement reinforces Goodyear’s position as the preferred tire supplier for Wabash's van, tank and platform trailers, and provides Wabash customers with full-service tire manage ...

LAFAYETTE, Ind., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, is making it easier for customers to access the genuine Wabash trailer and truck body parts and service they need by expanding Wabash Parts and its Preferred Partner Network. Wabash’s network of authorized dealers serves as the backbone of the company’s aftermarket support, providing expert service, maintenance and Wabash Genuine P ...

Financial Data and Key Metrics Changes - The consolidated revenue for Q3 2024 was $464 million, with adjusted net income attributable to common stockholders at $8.6 million or $0.19 per diluted share [22][23] - Gross margin was reported at 12.1% of sales, while adjusted operating margin was 3.7% [22] - Adjusted EBITDA for the quarter was $34 million, representing 7.4% of sales [22] - The company reduced its full-year revenue outlook to approximately $1.95 billion and EPS to roughly $1.25, reflecting a decrease of $150 million in revenue and $0.30 in EPS from previous guidance [19][25] Business Line Data and Key Metrics Changes - Transportation Solutions generated revenue of $416 million with an operating income of $29 million [23] - Parts and services generated revenue of $52 million and operating income of $8.3 million [23] - Year-to-date operating cash generation was $36 million, with positive working capital trends in Q3 [23] Market Data and Key Metrics Changes - Total bookings at the end of Q3 were just over $1 billion, down from approximately $1.3 billion at the end of Q2 [18] - The dry van large deal season is expected to push into the latter stages of normal seasonality in 2024, with an anticipated increase in new orders in Q4 and early Q1 of 2025 [18] Company Strategy and Development Direction - The company is refocusing on its core markets of transportation, logistics, and distribution, moving from a diversified industrial strategy to a more customer-centric approach [4][5] - A key strategic focus is on growing the parts and service initiative, which is seen as a higher margin, recurring revenue business [7][8] - The company is enhancing its digital capabilities through partnerships, such as with the Fernweh Group, to improve customer engagement [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges in the current market environment, with varied customer responses regarding their purchasing intentions for 2025 [27][28] - The company believes it is well-positioned to outperform previous cyclic upturns due to improved manufacturing capacity and strategic partnerships [6][12] - Management expressed confidence in the potential for parts and services to provide stability and growth, even in a sluggish market [36] Other Important Information - A significant legal charge of $450 million in punitive damages was noted due to a jury verdict related to a 2019 incident, impacting GAAP and non-GAAP financial results [16][17] - The company maintains a liquidity position of $405 million as of September 30, with a net debt leverage ratio of 1.5x [24] Q&A Session Summary Question: What are customers saying about their 2025 intentions? - Management indicated that customer responses vary significantly, with some maintaining volume while others are cautious and waiting for market clarity [27][28] Question: How does the company manage production volatility? - Management stated that they have experience managing production dynamics and are making adjustments to optimize margins while maintaining flexibility [29][30] Question: What is the outlook for the parts and service business? - Management expressed confidence in the foundational elements in place for growth in parts and services, despite current market sluggishness [35][36] Question: Can the company still have a flat to up year in earnings with a declining trailer market? - Management noted that growth in parts and services and truck body segments could offset softness in the dry van market, but specific guidance on maximum declines was not provided [39][40]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-10883 WABASH NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 52-1375208 (State of Inco ...

Media Contact: Dana Stelsel Director, Communications (765) 771-5766 dana.stelsel@onewabash.com Investor Relations: Ryan Reed VP, Corporate Development & IR (765) 490-5664 ryan.reed@onewabash.com Wabash Announces Third Quarter 2024 Results ▪ Quarterly revenue of $464 million; within prior quarterly outlook range ▪ Non-cash charge of $450 million taken in connection with legal verdict. Believe outcome is unsupported by facts or the law; evaluating all available legal options ▪ GAAP operating loss of $433 mill ...

Quarterly revenue of $464 million; within prior quarterly outlook rangeNon-cash charge of $450 million taken in connection with legal verdict. Believe outcome is unsupported by facts or the law; evaluating all available legal optionsGAAP operating loss of $433 million or Non-GAAP adjusted operating income of $17.0 millionQuarterly GAAP EPS of $(7.53) or Non-GAAP adjusted EPS of $0.19Total backlog of $1.0 billion; Anticipate greater order flow toward the later stages of normal seasonality2024 revenue outlook ...